Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.80

-0.5%

3:59 PM EST

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To: bambs who wrote (44547)	12/14/2000 7:56:26 PM
From: t2	Read Replies (1) of 77400

won't happen...telco borrowing rates are not coming down...telco companies credit ratings are going down...telco = bad credit rating = junk bonds = no sign of profit = bankrupt Those are usually reasons for easing. Interest rate cuts will help reduce this types of problems..and give some push to the economy. Saw Marc Klee of John Hancock funds on CNBC. Like you he got the downturn correctly. However, he says if MSFT holds tomorrow, it will be the bottom. Also said a FED cut will change things. The market will rally. I think he is right and I bet there are many who followed the same strategy, like Fidelity. Fidelity had not been buying techs; underweight. It will be one of the most interesting day of trading tomorrow.

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